Question

Boreki Enterprise has the following 10 items in inventory. Theodore Boreki asks you. a recent OM graduate, to divide these items into ABC classifications. Fill in the blanks and then answer the following questions. (Round dollar volume to the nearest whole number and percentage of dollar volume to two decimal places.)

 

Item	Annual Demand	Cost/Unit	Dollar Volume	% of Total Dollar Volume
A2	500	300	◻	◻
B8	4000	12	48,000	7.02
C7	1500	45	67,500	9.87
D1	20	35	◻	◻
E9	1000	20	20,000	2.92
F3	34	250	◻	◻
G2	200	1500	300,000	43.85
H2	600	20	12,000	1.75
15	1000	65	◻	◻
J8	2500	5	12,500	1.83

Answer 1

Formula Sheet